Send us Feedback

BJ's Wholesale Club (BJ)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

BJ » Topics » Revised Earnings Guidance for First Quarter and Full Year

This excerpt taken from the BJ 8-K filed May 8, 2009.

Revised Earnings Guidance for First Quarter and Full Year

The Company today also announced revised earnings guidance for the first quarter (ended May 2, 2009) and full year (ending January 30, 2010). Based on higher than expected merchandise sales and margins for the first three months of the fiscal year, the Company now expects to report earnings per diluted share in the range of $0.41 to $0.45 for the first quarter. Previous guidance was in the range of $0.29 to $0.33 per diluted share. For the full year ending January 30, 2010, the Company now expects to report earnings per diluted share in the range of $2.42 to $2.52 compared to previous guidance of $2.26 to $2.36.

BJ’s President and CEO Laura Sen said, “During the first quarter, our members continued to respond very positively to both our tremendous values and to the merchandise and operational improvements in the clubs. While we started off the year with very strong sales and margins and hope they will continue, we believe our revised guidance for the full year is prudent based on the uncertain economic environment.”

The Company currently operates 180 BJ’s Wholesale clubs in 15 states. BJ’s introduced the wholesale club concept to New England in 1984 and has since expanded to become a leading warehouse chain in the eastern United States. BJ’s press releases and filings with the SEC are available on the Internet at www.bjs.com.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki